A certain college graduate borrows 8391 dollars to buy a car. The lender charges interest at an annual rate of 13%. Assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k dollars per yea determine the payment rate that is required to pay off the loan in 7 years. Also determine how much interest is paid during the 7-year period. Round your answers to two decimal places. Payment rate = i dollars per year Interest paid = i dollars

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